211 University Parkway # 1-16 Johnson City, TN ^$ 5,830,000

211 University Parkway # 1-16

^$ 5,830,000

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211 University Parkway # 1-16

Johnson City, TN, 37604

^$ 5,830,000

Studio Baths0.0 Sq 3,296

Monthly Estimate*

^$ 40,724

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Studio

Multi-Family Home for sale in Johnson City, TN

for $5,830,000. This 3,296 square foot home was built in 2005 on a lot size of 4.32.

Here is an excellent opportunity for an invester or anyone looking for a 1031 Exchange for 16 beautiful patio homes. This property is conveniently located just seconds away from shopping centers, drug store, and Interstate I-26. The patio homes offer fantastic mountain views, manicured landscaping, privacy hedges, very private neighborhood. Rent rolls available upon request. There is a copy of the survey under documents. If your client would like income & expense number's please have them to sign a Confidentiality & Disclaimer Agreement under Documents and return to Brokers email address.

Multi-Family Active

Price

^$ 5,830,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 63,410

Style

Duplex,Patio Home,Ranch

Lot Size

4.32

Year Built

2005

Town/City

Johnson City

County/Region

Washington

MLS | Web ID

9962144

Features

General

Heating Natural Gas CHW System

Cooling Central Air

Zoning R5

HOA 275.0

Architectural Style Duplex Patio Home Ranch

Construction Materials Brick Stone

Year Built 2005

Unit Number 1-16

Property SubType Duplex

Assoc Fee Paid Per Monthly

County Washington

New Construction N

Property Type Multi-Family

Subdivision Name Not In Subdivision

Garage Y/N N

Status Active

Directions Take I-26 South to University Exit turn left onto University Parkway thru the light turn left into Maple Crest. Units will be on your left. For Sale Signs along iron fence.

High School Science Hill

City Johnson City

View Y/N N

Lot Size Square Feet 188179.2

Carport Y/N N

Street Name University Parkway

Elementary School South Side

Land Lease Y/N N

Home Warranty Y/N N

Middle/Junior High School Indian Trail

Property Condition Above Average

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 87

Standard Status Active

Exterior

Lot Features See Remarks Mountainous

Water Source Public

Lot Size Area 4.32

Number of Buildings 8

Spa N

Building Area Total 3296.0

Lot Dimensions 374.31 x 275.9 IRR.

Lot Size Acres 4.32

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 211

* Excluded Features

List By

David Lefemine

Listing Agent

Lefemine Commercial Properties, Llc

Broker

dlefemine@comcast.net

Affordability Calculator

$46,008

Per Month

Monthly Principal & Interest: $40,724
Monthly Property Taxes: $5,284
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Johnson City, TN

Average List Price ^$1,761,414

Percent of Sale Price 70%

About Johnson City, TN

65,512 Population

14% Since 2002

^$39,045 Median Income

37.2 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

857542 Elementary School

857041 Middle School

Science Hill High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$5,830,000		Listed Price

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211 University Parkway # 1-16, Johnson City, TN, 37604 is a Multi-Family Home for sale at $5,830,000 with 3,296 sqft and a lot size of 4.32. 211 University Parkway # 1-16 is a studio with 0.0 baths and was built in 2005. The property's zip code is 37604 which is in Johnson City, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the TNVA Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the TNVA Regional MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/18/2024.

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211 University Parkway # 1-16

Multi-Family Home for sale in Johnson City, TN

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